Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Talgo S.A. is a Spain-based manufacturer specializing in the design, production, and maintenance of high-speed and intercity passenger trains, as well as auxiliary railway equipment. Founded in 1942 and headquartered in Madrid, the company operates through key segments including Rolling Stock, which focuses on train production and upkeep; Auxiliary Machines and Others, covering underfloor wheel lathes, measuring tools, shunting cars, and spare parts; and General corporate functions. Renowned for its innovative lightweight articulated train technology, Talgo S.A. offers very high-speed trains, power heads, locomotives, and refurbishment services worldwide. Its products serve sustainable mobility needs across Europe, America, the Middle East, North Africa, the Commonwealth of Independent States, and APAC. With a history of pioneering variable gauge systems and hybrid propulsion, Talgo S.A. emphasizes efficiency, safety, and environmental responsibility, positioning it as a global benchmark in the railway sector for intercity, standard, and high-speed rolling stock.
€2.69
+€0.04 (+1.32%)
EOD Jun 23, 2026 · Twelve Data
The business is unprofitable at the operating level (-6.34% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 7.6% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -€140M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€618M
▼ -7.6% YoY
Net Income (TTM)
-€101M
▲ +6.7% YoY
Op. Margin
-6.34%
▲ +4.3pp YoY
ROIC
-3.97%
▲ +3.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€140M
▲ +12.0% YoY
Op. Cash Flow (TTM)
-€52M
▲ +66.0% YoY
Net Debt
€384M
Cash & Equiv.
€226M
3Y CAGR: +9.6%
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